Ownership of a necessary input creates what type of barrier to entry?
A) legal barrier to entry
B) natural barrier to entry
C) a public franchise
D) a government license
E) ownership barrier to entry

Question

Quizplus · Accepted Answer

Ownership of a necessary input creates an ownership barrier to entry, as it prevents or significantly hinders other companies from entering the market due to the inability to access essential resources or inputs controlled by another entity.

Ownership of a Necessary Input Creates What Type of Barrier